Coinbase Exiting Japan, Cites Trading Slump
Coinbase revealed shutting down operations in Japan and informing users to empty their balances by February 16. The crypto exchange…
Recent Reports Show Only 13 People Approved Polygon’s Hard Fork Plans
Yesterday, Polygon completed its most-anticipated hard fork that many developers believe will improve transaction speeds and reduce gas fee spikes.…
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HashKey Capital Third Funding Round Nets US$500 Million to Build Web3
HashKey Capital finalized its third funding round, as revealed in a January 17 statement. The Singaporean firm that operates as…
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Japan’s National Tax Agency Reveals New Guidelines For NFT Tax
According to reports, Japan has joined a list of countries updating their guidelines for NFT taxation. Last year, Japan decided…
Bank Of Thailand To Legalize Virtual Banks In 2025
The Bank of Thailand announces its plans to legalize virtual banks by 2025 in an effort to boost the country's…
Popular Fast-Food Giant Plans Metaverse Move In Chinese Lunar New Year
In celebration of the Lunar New Year campaign, the US fast-food giant McDonald's, in collaboration with the Chinese Mexican content…
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Shibarium Beta Launch is Almost Ready, Confirms Shiba Inu Development Team
The Shiba Inu community is bracing for the anticipated launch of the Shibarium update, the network's Layer-2 blockchain, following the…
Web3 Entertainment Developer, Sortium Nets $7.75 Million in Seed Round
Sortium announced completing a successful fundraising round for the seed capital. The developer for Web3-oriented technology in entertainment attracted several…
DeFi Platform Radix To Create Next-generation Crypto Wallet For Web3 Users
Radix, a decentralized finance (DeFi) smart contract protocol, has revealed plans to launch a new Web3 wallet. The wallet would…
Polygon Reveals Plans for Hard Fork to Reduce Reorgs and Gas Spikes
Following a heated debate among the Polygon community members, the blockchain developer Polygon Labs is set to proceed with plans…
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Bill Gates Dismisses Web3 as Revolutionary, Lauds Artificial Intelligence
The Microsoft co-founder, Bill Gates, projected that artificial intelligence would dictate future interactions and not metaverse or Web3 innovations. Gates…
UAE Investor Groups Establish Billion-Dollar Fund For Web3 Development
The United Arab Emirates (UAE) has seen a growing interest in web3 technology and its potential to revolutionize various industries. …
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Nomad Hack: Tornado Cash Receives A Transfer of $1.5M
In a surprising move, a wallet address related to the $190 million Nomad hack has transferred more than 1,200 Ether…
DeFi-Based Projects Sees Highest Number Of Exploits In 2022 – Report
Last year has been the most challenging for the Web3 and decentralized finance (DeFi) ecosystems, as security compromises pushed the…
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Total Crypto Fund Raised In 2022 Drops By $16 Billion Compared To 2021
In comparison to 2021, 2022 saw a significant decrease in the amount of funds raised. This saw a 40% decline…
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FTX’s Collapse May Improve Investors’ Trust In Crypto Tech – Nomura Executive
Jez Mohideen, the CEO of Laser Digital, stated the massive influx of traditional financial firms would help to regulate the…